Open-source deals keep getting bigger. Detect a trend? I've been harping about open innovation and continued trend toward commercial open-source software. Sun Microsystems today announced the acquisition of open-source database company MySQL for $1 billion.
The acquisition also represents a bid-up price for an open source company. The $1 billion Sun will pay almost equals the sum of the open source acquisitions that have preceded it. Red Hat paid $326 million for JBoss; Citrix (NSDQ: CTXS) paid $500 million for XenSource; Yahoo (NSDQ: YHOO) paid $350 million for Zimbra; Oracle (NSDQ: ORCL) paid an undisclosed amount for Sleepycat.
MySQL represents a small portion of the world's $15 billion in database revenue, perhaps $200 million a year, Yuhanna said in an interview. But it represents the database most frequently used for new Web applications, particularly those for the social engineering, active user-input types of sites, such as Facebook. Read >
Look for my next post titled "open-source and your corporate strategy."